Innovation — Autodesk

Autodesk snaps up S.F. construction planning software company in $875 million deal

Autodesk construction planning software

Autodesk snaps up S.F. construction planning software company in $875 million deal

Autodesk snaps up S.F. construction planning software company in $875 million deal Autodesk is snapping up San Francisco-based construction software company PlanGrid in a $875 million cash deal. The move is intended to bolster Autodesk's cloud-based construction platform. San Rafael-based Autodesk, which makes software used in architecture and manufacturing, will be integrating PlanGrid’s software with its Autodesk Revit software and Autodesk BIM 360 construction management platform. PlanGrid’s software is designed to offer real-time collaboration between various parties, such as general contractors, sub-contractors and building owners. Many contractors still use paper blueprints. “There’s a massive labor shortage, there’s more work and...

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